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Fully Rented Quadplex
For Sale
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Pending

40853 High St, Fremont, CA 94538

Four-unit residential income property with transit-oriented development designation and R3-8 zoning.

Property SizeContact for details
Days on Market143

Property Features for 40853 High St

General Information

Standard status Pending
Property subtype Office
Zoning R3-8
Occupancy 100%

Units

Unit Mix 1 x 3BR/2BA, 2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 4

Additional Details

Gross Income $128,000
Public Transit Yes

Building Details

Tenancy Multi
Listing Agency: Century 21 Pacific Realty
Listed By: Paul LeJoy · License #CA
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 1:12AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Pacific Realty

Investment Insights

Based on property information with market context.

This four-unit residential property includes a 1,900-square-foot, three-bedroom, two-bathroom single-family residence at the front, along with additional one-bedroom and two-bedroom units. The property is currently fully rented and includes an upstairs one-bedroom unit and rear two-bedroom, one-bathroom residences.

The site is within a Transit Oriented Development area and carries R3-8 zoning, which allows development of up to eight units on the lot. A new BART station is slated to open nearby in 2026. The property is located at 40853 High St in Fremont, California.

Key Highlights

  • Four residential units, currently fully rented
  • Front residence measures 1,900 sq. ft. with 3 bedrooms and 2 bathrooms
  • Additional units include 2‑bedroom, 1‑bathroom residences and a 1‑bedroom upstairs unit

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Electrical Service HVAC Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,081
Businesses Nearby

Demographics for 94538, CA

66,424
Population
24,429
Households
2.7
Avg Household Size
36
Median Age
53%
College-Educated
90%
High-School Grad
16.5 sq mi
ZIP Area
4,026
Density / Sq Mi
$144,451
Median Household Income
$76,827
Median Earnings
$2,860
Median Rent
$1,104,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit residential income property with transit-oriented development designation and R3-8 zoning.
Where is this quadplex located?
The property is located at 40853 High St Fremont, CA.
What are key features of this property?
This property features: Four residential units, currently fully rented; Front residence measures 1,900 sq. ft. with 3 bedrooms and 2 bathrooms; Additional units include 2‑bedroom, 1‑bathroom residences and a 1‑bedroom upstairs unit
More about this property
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